Community Apartments

Multi-Family for Sale
Catylist Listing ID: 29820259
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Other
Building Status: Proposed
Number of Units: 96 Units
Building Size (RSF): 96,000 SF
Gross Building Area: See Agent
Gross Land Area: 35 Acres
Sale Price: $499,000
Unit Price: $5,197.92 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Building Name: Commons Apartments
Sale Terms: Cash to Seller
Last Updated: 11/22/2017

Overview / Comments

TO BE BUILT. We are pleased to offer for sale a proposed and fully approved 96 unit multifamily complex in the town of Bridgton, Maine. Bridgton is a four season community close to skiing, lakes and mountains. This project will consist of eight separate buildings of twelve units each (or other configuration up to 96 units) on approximately 35± acres. Approvals are in place for another nine years, so this project can be developed in phases. Price is for land and approvals only. Cost of construction and any improvements, including roads and buildings, are the responsibility of the Buyer/Developer.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 5752
Market Type: Medium
Highway Access: Just off State Route 302
Site Description: Detailed site plans and approvals are available. Access is directly off of Route 302.
Area Description: Close to downtown Bridgton, shopping areas, lakes, and mountains
Total Number of Buildings: 8
Number of Stories: 2
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,686 8,112
Median Age: 47.23 46.46
Households: 1,626 3,437
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